Agriculture Industry Today
Floriculture 2019 Global Market to Reach US$ 4.0 Bn and Growing at CAGR of 7.34% by 2026
WiseGuyReports.Com Publish a New Market Research Report On –“ Floriculture 2019 Global Market to Reach US$ 4.0 Bn and Growing at CAGR of 7.34% by 2026”.
Published 09 September 2019
Floriculture Industry 2019
Description:-
Floriculture refers to plant care, farming, propagation, and cultivation with one objective in mind, the ultimate production of flower buds and flowers. Planters who focus on floriculture also normally experiment with developing new cultivars, strains, and varieties to improve flower and flower-bud development.
Floriculture comprises all domains of healthy growing, growth patterns, and harvesting of a flowering plant. Planters usually centre their objectives around the plant’s health, growth size, branching, bud formation, harvest, flowering, the plant’s unique desirable characteristics, and its overall bud and flower yield at the time of harvest.
Get a Free Sample Report @ https://www.wiseguyreports.com/sample-request/3925855-global-floriculture-market-industry-analysis-and-forecast-2018-2026
For more information or any query mail at sales@wiseguyreports.com
Key Players
Kariki
Multiflora
Karen Roses
Harvest Flower
Queens Group
Ball Horticultural
Afriflora
Karuturi
Oserian
Selecta One
Washington Bulb
Arcangeli Giovanni & Figlio
Carzan Flowers
Rosebud
Benary
Danziger
Sakata
Market Analysis
The global floriculture market was valued at US$2.27 billion in the year 2017 and is foreseen to reach US$4.0 billion by the end of 2026, at a CAGR of about 7.34% during the forecast span.
The report further elaborates that cut flowers are projected to have a substantial market share during the forecast period. The cut flowers are highly popular among customers due to its delightful fragrance and beauty. Moreover, it has characteristics such as easy to harvest and handle and also it is highly resistant to pests and diseases.
Gift segment is anticipated to dominate the market growth during the forecast period. Floriculture products are most likely to be used for gifting on special occasions and events, which is boosting the market growth.
Growing e-Commerce industry across the world is stimulating the growth of this market. Surging penetration of smartphones and the internet is also driving the floriculture market. In addition to this, improving innovations in flowers such as changing colours of flowers utilizing biotechnology are anticipated to fuel the market growth. Lifestyle modification of consumers across the globe is foreseen to support market growth.
Growing utilization of floriculture products for various occasions is propelling market growth. Increasing investments in research and development are also expected to benefit the market during the forecast period.
The regional markets of Asia Pacific are expected to have the highest share in the market during the forecast period owing to increasing demand for flowers from customers and growth in production of flowers in emerging countries such as India and China. India is predicted to dominate the market growth during the forecast period. Flowers are the primary commercial trade in this country. Shifting consumer preferences from traditional flowers to cut flowers is also driving the market growth in this region.
Europe is estimated to produce the highest CAGR during the forecast span as a result of rising flower production in this region.
Market segmentation
As per the research conducted by the Maximize Market, the global floriculture market can be analysed on the basis of product type, application areas, and regions.
Based on the product type, the floriculture market can be divided into-
The adoption of modern technologies and more detailed management in commercial floriculture has supported to gain higher crop yield. The usage of modern farming practices has also led to improved profitability for farmers engaged in floriculture. According to experts, the profit of floriculture stocks per unit area is higher over other agriculture products. This is attracting planters to switch to floriculture. Also, the growing popularity of Ayurveda and other natural therapies is stoking the demand for floriculture products. Flowers such as jasmine, rose, and tuberose is used in the production of essential oils and other Ayurvedic and organic formulations.
All these facts suggest that the global floriculture market is set to witness tremendous growth over the forecast period.
Complete Report Details @ https://www.wiseguyreports.com/reports/3925855-global-floriculture-market-industry-analysis-and-forecast-2018-2026
CONTACT US:
NORAH TRENT
Partner Relations & Marketing Manager
sales@wiseguyreports.com
www.wiseguyreports.com
Ph: +1-646-845-9349 (US)
Ph: +44 208 133 9349 (UK)
ABOUT US:
Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of market research reports under these categories and sub-categories.
Description:-
Floriculture refers to plant care, farming, propagation, and cultivation with one objective in mind, the ultimate production of flower buds and flowers. Planters who focus on floriculture also normally experiment with developing new cultivars, strains, and varieties to improve flower and flower-bud development.
Floriculture comprises all domains of healthy growing, growth patterns, and harvesting of a flowering plant. Planters usually centre their objectives around the plant’s health, growth size, branching, bud formation, harvest, flowering, the plant’s unique desirable characteristics, and its overall bud and flower yield at the time of harvest.
Get a Free Sample Report @ https://www.wiseguyreports.com/sample-request/3925855-global-floriculture-market-industry-analysis-and-forecast-2018-2026
For more information or any query mail at sales@wiseguyreports.com
Key Players
Kariki
Multiflora
Karen Roses
Harvest Flower
Queens Group
Ball Horticultural
Afriflora
Karuturi
Oserian
Selecta One
Washington Bulb
Arcangeli Giovanni & Figlio
Carzan Flowers
Rosebud
Benary
Danziger
Sakata
Market Analysis
The global floriculture market was valued at US$2.27 billion in the year 2017 and is foreseen to reach US$4.0 billion by the end of 2026, at a CAGR of about 7.34% during the forecast span.
The report further elaborates that cut flowers are projected to have a substantial market share during the forecast period. The cut flowers are highly popular among customers due to its delightful fragrance and beauty. Moreover, it has characteristics such as easy to harvest and handle and also it is highly resistant to pests and diseases.
Gift segment is anticipated to dominate the market growth during the forecast period. Floriculture products are most likely to be used for gifting on special occasions and events, which is boosting the market growth.
Growing e-Commerce industry across the world is stimulating the growth of this market. Surging penetration of smartphones and the internet is also driving the floriculture market. In addition to this, improving innovations in flowers such as changing colours of flowers utilizing biotechnology are anticipated to fuel the market growth. Lifestyle modification of consumers across the globe is foreseen to support market growth.
Growing utilization of floriculture products for various occasions is propelling market growth. Increasing investments in research and development are also expected to benefit the market during the forecast period.
The regional markets of Asia Pacific are expected to have the highest share in the market during the forecast period owing to increasing demand for flowers from customers and growth in production of flowers in emerging countries such as India and China. India is predicted to dominate the market growth during the forecast period. Flowers are the primary commercial trade in this country. Shifting consumer preferences from traditional flowers to cut flowers is also driving the market growth in this region.
Europe is estimated to produce the highest CAGR during the forecast span as a result of rising flower production in this region.
Market segmentation
As per the research conducted by the Maximize Market, the global floriculture market can be analysed on the basis of product type, application areas, and regions.
Based on the product type, the floriculture market can be divided into-
- Potted Plants
- Bedding Plants
- Cut Flowers
- Personal Use
- Conference & Activities
- Gift
- Others
- North America
- Asia Pacific
- South America
- The Middle East and Africa
The adoption of modern technologies and more detailed management in commercial floriculture has supported to gain higher crop yield. The usage of modern farming practices has also led to improved profitability for farmers engaged in floriculture. According to experts, the profit of floriculture stocks per unit area is higher over other agriculture products. This is attracting planters to switch to floriculture. Also, the growing popularity of Ayurveda and other natural therapies is stoking the demand for floriculture products. Flowers such as jasmine, rose, and tuberose is used in the production of essential oils and other Ayurvedic and organic formulations.
All these facts suggest that the global floriculture market is set to witness tremendous growth over the forecast period.
Complete Report Details @ https://www.wiseguyreports.com/reports/3925855-global-floriculture-market-industry-analysis-and-forecast-2018-2026
CONTACT US:
NORAH TRENT
Partner Relations & Marketing Manager
sales@wiseguyreports.com
www.wiseguyreports.com
Ph: +1-646-845-9349 (US)
Ph: +44 208 133 9349 (UK)
ABOUT US:
Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of market research reports under these categories and sub-categories.
Share on Social Media
Other Industry News
Ready to start publishing
Sign Up today!